Meaning: This quote by Hjalmar Schacht, an economist and a key figure in the economic policies of Nazi Germany, reflects his perspective on the application of increased energy to the efforts undertaken by his ministry. Schacht served as the Minister of Economics in Germany from 1934 to 1937 and was later appointed as the President of the Reichsbank, the central bank of Germany, from 1933 to 1939.

In the quote, Schacht emphasizes the concept of applying increased energy to the ongoing efforts of his ministry. This suggests a focus on intensifying and enhancing the existing initiatives and activities rather than completely overhauling or changing direction. By referencing the results shown in the above statistics, Schacht indicates that the efforts he is alluding to have yielded tangible outcomes, which he likely considers as positive and impactful.

To fully understand the context of this quote, it is important to consider the historical and political backdrop of Schacht's tenure in the Nazi regime. Schacht was known for his role in implementing various economic policies, including the introduction of the "New Plan" in 1934, which aimed to strengthen Germany's economy through measures such as currency stabilization and increased state control over economic activities.

During his time in office, Schacht sought to address the economic challenges facing Germany, particularly in the aftermath of the Great Depression and the repercussions of World War I. His approach was characterized by a combination of traditional economic principles and interventionist measures, often aligned with the broader objectives of the Nazi regime under Adolf Hitler.

The quote can be interpreted as a reflection of Schacht's commitment to amplifying the efforts and strategies that had already been set in motion within his ministry. The reference to "increased energy" implies a sense of vigor, determination, and possibly a call for greater dedication to the economic initiatives he was overseeing. This aligns with Schacht's reputation as a proactive and influential figure in shaping economic policies during a critical period in German history.

Given Schacht's prominent role in the economic sphere, his words carry significance in the context of his leadership and decision-making. The mention of "the above statistics" suggests that there were measurable indicators of progress or success resulting from the efforts he mentions. This could encompass various aspects of economic performance, such as industrial output, trade balances, employment rates, or other relevant metrics that were monitored and analyzed to assess the impact of economic policies.

Schacht's approach to economic management has been a subject of historical analysis and debate. While he was initially lauded for his contributions to stabilizing the German economy in the 1930s, his association with the policies of the Nazi regime has also sparked controversy and criticism. His close collaboration with top Nazi officials, including Hitler, has raised questions about the extent of his influence and complicity in the regime's agenda.

In conclusion, Hjalmar Schacht's quote encapsulates his perspective on the application of increased energy to the ongoing efforts of his ministry, likely in the context of economic policies and initiatives. It reflects his stance on intensifying and building upon existing strategies, supported by the reference to measurable results. Understanding this quote necessitates an awareness of Schacht's role in the economic landscape of Nazi Germany and the broader historical context in which it was articulated.